- EUR/USD created a Doji candle on Thursday, indicating indecision.
- A close above Thursday's high would revive the bullish bias.
EUR/USD is currently sidelined near 1.1914, having created the indecisive Doji candle on Thursday.
The Doji comprises long upper wicks and a small body, implying indecision in the market place. Thursday's Doji has neutralized the immediate bullish setup and made Friday's close pivotal.
A close above the Doji candle's high of 1.1914 would mean the period of indecision has ended with a bull victory and allow a continuation of the rally from weekly lows near 1.18.
Alternatively, acceptance under Thursday's low of 1.1885 would confirm a bearish Doji reversal pattern and expose deeper support levels.
Daily chart
Trend: Bullish above 1.1841
Technical levels
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended content
Editors’ Picks
Gold clings to gains around $3,430
Gold fell from its previous record high of $3,500 per troy ounce, as overbought indications and a comeback in the US dollar appear to have led purchasers to take a break. Meanwhile, all eyes are on the Trump-Powell frenzy and impending Fed officials' statements.
EUR/USD trims losses, retargets 1.1500 and beyond
EUR/USD now bounces off daily troughs near 1.1460 and refocuses back on the 1.1500 barrier amid some humble knee-jerk in the US Dollar. In the meantime, markets remain cautious in light of President Trump’s criticism of Fed Chair Jerome Powell and its potential implications for the US markets.
GBP/USD treads water below 1.3400
GBP/USD is trading in a narrow zone below the 1.3400 level as the Greenback's solid comeback gains traction on Tuesday. However, continuing concerns about a US economic downturn and misgivings about the Fed's independence are anticipated to limit Cable's downside risk.
3% of Bitcoin supply in control of firms with BTC on balance sheets: The good, bad and ugly
Bitcoin disappointed traders with lackluster performance in 2025, hitting the $100,000 milestone and consolidating under the milestone thereafter. Bitcoin rallied past $88,000 early on Monday, the dominant token eyes the $90,000 level.
Five fundamentals for the week: Traders confront the trade war, important surveys, key Fed speech Premium
Will the US strike a trade deal with Japan? That would be positive progress. However, recent developments are not that positive, and there's only one certainty: headlines will dominate markets. Fresh US economic data is also of interest.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.